François-Henri Pinault, Kering's chairman and CEO, said, "The dynamic sales growth and increase in operating income of the group's luxury activities confirm the relevance of our multi-brand model and demonstrate our ability to unlock the potential of each our brands, exploit their complementarity, and nurture their development. The transformations carried out in 2014 from both an organizational and operational standpoint have allowed us to step up our responsiveness and achieve a greater degree of integration and specialization of our activities. The group's unique characteristics, as expressed in its strategic vision and management culture, are a key asset to deliver organic growth, our number-one priority in 2015, in a macroeconomic and currency environment, which remains unsettled. I am confident in the group's ability to achieve sustainable profitable growth, while focusing in the shorter term on our brands’ cash flow generation.”